NYSE, Nasdaq, USPS closed on Wednesday in honor of Bush

NEW YORK — Major U.S. stock markets and the United State Postal Service (USPS) will close Wednesday in honor of former President George H.W. Bush, who died Friday at 94.

The New York Stock Exchange and Nasdaq said over the weekend that they will close trading Wednesday in observance of a national day of mourning for Bush.

The NYSE also said it will display the U.S. flag that flies above the New York Stock Exchange at half-staff in honor of the former president.

Federal offices will also be closed.

“Out of respect for the 41st President of the United States and to honor his vast contributions to our country during his lifetime, and consistent with the Presidential Proclamation, the United States Postal Service will suspend regular mail deliveries, retail services and administrative office activity on Dec. 5,” the USPS said in a statement Monday.

“We will provide limited package delivery service on that day to ensure that our network remains fluid and we do not experience any impacts to our package delivery operations that might negatively affect our customers or business partners during the remainder of our busy holiday season.

The last time U.S. markets closed outside of a holiday was on two consecutive days in late October 2012 because of Hurricane Sandy. The last closure due to the death of a U.S. president was Jan. 2, 2007, when the markets observed a national day of mourning for President Gerald R. Ford.

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The Courier - Your Messenger for the River Valley in Russellville, AR.MEMBER OF THE ASSOCIATED PRESS The Associated Press is entitled exclusively to the use of or republication of all the local news printed in this newspaper as well as AP news dispatches.